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Abercrombie Scandal, High Medical Costs, Corporate Tax Dodging And More
June 4, 2013 Heather Arnet was escorted into the Abercrombie & Fitch headquarters in New Albany, Ohio, flanked by her contingent of 16 teenage girls. It was late 2005, and they were there to voice their discontent about a series of shirts that the company had unleashed on the market with text celebrating skinny blonde teenage girls while deriding brunettes and less-slender figures. The shirts in question: "I had a nightmare I was a brunette," "Blondes are adored, brunettes are ignored," "Do I make you look fat?" and more. Continue reading... HEATHER ARNET | | Time to Say Goodbye to A&F for Good | Abercrombie didn't turn down the girls' ideas because they were not clever enough. They turned them down because to do business with a diverse group of smart teenage girls would be a "good guy" move and as Tom Lennox himself said to me, our brand is being "the bad guy." Continue reading... | | MICHAEL HODIN | | A.G. Lafley's Biggest Deal | In a time when most businesses are obsessed with the newest, latest, greatest thing, Proctor and Gamble has reached back into its past. The iconic American company has ousted its current CEO and brought back the 66-year-old A.G. Lafley for another go as Chief Executive. The business world is abuzz after this executive shake up, trying to figure out what the future holds for the company. Continue reading... | | ADAM GRANT | | The Bad Habits of Good Negotiators | Most people are matchers: they follow the norm of reciprocity, responding in kind to how we treat them. This means that the best way to earn trust is to show trust. If we want to receive information, we need to lead by sharing information. Continue reading... | | | RAYMOND J. LEARSY | | Russian Arms, Syria and the Price of Oil | Clearly there is a correlation between Middle East tensions and high oil prices. Are we seeing a replay of Russian policies that solidified Iranian intransigence on matters nuclear, thereby exacerbating those tensions to bring about significantly higher oil prices? Continue reading... | | STEVEN COHEN | | The Centrality of the Politics of Energy | The energy policy debate is growing in intensity and it is important to understand its fundamental causes. In my view, there are two main factors to understand: our addiction to energy and the concentration of economic and political power in the energy business. Continue reading... | |
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